The online cloud storage wars are really heating up, and Microsoft is the latest to throw down the gauntlet. The company announced today that all users of its OneDrive cloud storage service will have access to 15GB of storage for free — this is a significant increase from the previous limit of 7GB.

However, Microsoft is taking things a step further by also increasing the storage space available to Office 365 subscribers. Instead of the previous 20GB storage limit with a subscription, users will now be given access to a whopping 1TB of storage space. For comparison, the 1TB Google Drive option costs $9.99/month for storage alone.

For those that don’t want to subscribe to Office 365, other changes include the 100GB plan dropping from $7.49/month to $1.99/month, while the 200GB plan has dropped from $11.49/month to $3.99/month.

“We want to provide a complete experience that brings in the power of Office and lets you do more with everything you put in your OneDrive,” said Omar Shahine, Group Program Manager for OneDrive. “Whether it’s sharing your favorite photos with the people you care about in one simple click or working together in real time on an important project.”

The 1TB storage plans included with an Office 365 subscription definitely seem like an incredible deal compared to other cloud storage services out there. In addition, it makes Apple’s 5GB free plan for iCloud seem incredibly stingy.